405/111 Scott Street
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About this property
Currently professionally managed Terminus Hotel, the apartment presents a flexible opportunity to invest and enjoy city short term stays - FY25 Income $32,906 p.a - Forecast FY26 Income $37,488 p.a (including FFE, parking & rates contributions) $41,190 (inc GST refund - if registered for GST) - 2025 Rebate to council rates and water $1,125 p.a - Purchase as a business with GST to receive further benefits - Stay as the owner for up to 3months per year. - Fully furnished Value ~$8,000 Right at home in the heart of Newcastle, this boutique apartment combines unbeatable convenience with captivating harbour and parkland views. Set within the iconic Terminus Apartment Hotel, it offers an easy, low-maintenance investment with everything the city has to offer. The open-plan kitchen, living and dining area flows effortlessly outdoors onto north facing terrace, ideal for entertaining or soaking up the outlook across the harbour. - Modern open-plan kitchen, bathroom and laundry - Fully furnished living and dining - Expansive North facing alfresco terrace - Views across the iconic old train station to the harbour - Bedroom with built-in robe, modern bathroom - Secure car space to complete the package - Light rail, dining and beaches all within walking distance Reach out to receive the investor pack and organize an inspection. Strata Rates ~$1,650 pq. Council Rates ~ $412 pq. Water Rates ~ $222 pa + usage Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Parking
- 1
- Land Area
- 73 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Newcastle
This 1-bedroom apartment in Newcastle, NSW 2300 sits within reach of public transport, local shops and nearby schools. It is listed 49% below the $1.28m median of 64 comparable apartmentswithin 5 km.
Schools near Newcastle
- Newcastle East Public Schoolprimary · K-6 · CoEd
- Indie School Newcastlesecondary
- Newcastle Grammar Bolton Street Campussecondary
What's nearby
- King St at Wolfe St (bus) — 361 m away
- Sushi Koo — 376 m away
- Enterprise Park — 164 m away
- Unnamed — 179 m away
- Pacific Park — 241 m away
Newcastle at a glance
Full suburb profile- Population
- 3,852
- Median age
- 41
- Household income
- $1,943/wk
- Median rent
- $490/wk
- Median mortgage
- $2,167/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Newcastle price trend
Median sold · Unit 1 bed
Compound growth +3.6% / yr over 4 yrs
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1 price change recorded for this property
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